MRK Property Management to Continue Work With NHA

HUD approved the transfer of Alder Creek’s ownership interest to MRK, which will operate through MRK Property Management, LLC and continue working with the Newark Housing Authority on property management services. The approval maintains existing option and right of first refusal terms between MRK and NHA, with no new project debt disclosed.

Scope & details

The full contract record, as filed.

Contract type

PROFESSIONAL_SERVICES

Renewal

HUD approval affirms that the existing Option and Right of First Refusal Agreement between MRK and NHA remains in effect and conditions approval on MRK not impeding NHA’s rights under that agreement.

Document type

Minutes

Source document

Newark Housing Authority Board of Commissioners Meeting Minutes March 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Newark Housing Authority?

Mrk Property Management Llc was awarded this professional services contract by Newark Housing Authority, as recorded on March 11, 2026.

What type of contract is this?

This is a Professional Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Newark Housing Authority Board of Commissioners Meeting Minutes March 2026 (Minutes), dated March 11, 2026 from Newark Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mrk Property Management Llc hold?

Mrk Property Management Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Newark Housing Authority currently buying?

Explore Newark Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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